Recently, the United Arab Emirates restarted tourism, entertainment and real estate construction projects. Due to the prosperity and development of the real estate industry, market share of the UAE construction heavy machinery, infrastructure equipment and other equipment amounted to 5.2 billion UAE dirhams (hereinafter referred to as "AED").
Market size of heavy machinery and infrastructure equipment is approximately 3.8 billion dirham, and of Shovel machine is about 1.4 billion dirham. With the new project entering the construction phase, market size of heavy machinery will expand within the next few months.
Insiders pointed out that the UAE infrastructure and construction projects in the areas valued at $ 2.6 trillion dirhams, which includes several large bridge projects, road expansion projects and construction projects carried out in other parts of the United Arab Emirates.
